The Incurvati Group
For the first time in over four years, the US Federal Reserve lowered the target range for the federal funds rate.
Once again, the Bank of Canada (BoC) cut the target for the overnight rate by 25 basis points (bps) to 4.25%.
What lower interest rates mean for fixed income and equity investors
Last week the Bank of Canada (BoC) reduced the policy rate by 25 basis points (bps), but today the US Federal Reserve (Fed) didn’t follow suit.
Jamie Golombek, Managing Director of Tax and Estate Planning at CIBC Private Wealth, shares his perspective on the 2024 Federal Budget, and how it could affect you and your family.
In the last announcement of the year, the US Federal Reserve (the Fed) announced it’s holding the target range for the federal funds rate at 5.25%-5.50% during the Federal Open Market Committee’s (FOM...